There are many techniques to employ when it comes to making money, and most of these techniques are either non-functional or not providing sufficient income. There are three major ways that can be employed in making money.

Trading Time For Money

This is the most common way used in making money in the world currently. Statistics show that about 96% of the world population employ this method. This technique involves people trading their time for money. The problem with this, is that there is not enough time to trade. You have 24 hours in a day and just 12 hours to do work. The time given is not enough to make money you would require. Sadly, however, most professionals all around the world employ this technique, ranging from doctors, accountants, lawyers, teachers and the rest. Trading time for money, irrespective of the fact that it is common but not advisable if you want to turn your financial fortunes around.

Money To Invest

This method is used by 3% of the world's population; it is not commonly used technique, and also it's not the best. It involves investing money to earn money. It's not the best because not everyone has huge capital to invest, investing could range from properties, businesses or stock exchange etc. So this technique is open to those who have sufficient capital to throw around in investments. Another reason is that to invest; you need to study the business or understand the field you would like to invest in. Most people who invest money know little or nothing about the business or field, they trust financial investors/platform with their money and this could end badly for many people. So before you even consider this way, you'll need to know how much money you have to invest and how knowledgeable you are about the business/field.

Time For Multiple Sources Of Income

This is the best technique you can employ for earning money. It's surprising however that only 1% of the world's population use this method, the 1% that use this method end up earning 96% of the income available in the world. This technique involves multiplying your time with multiple sources of income. In the old economy, to engage in this technique you needed to have incredible idea and a respectable amount of money that time is behind us. In this new economy, anyone can get involved in this technique. It involves network marketing. It's essential you engage in this technique today, build your portfolio with this method as it is the next thing as we advance in the world economy and it's important you get on board before the ship gets overcrowded.

If you liked this post, feel free to comment and spread love by sharing it with your friends.